Serina Invoice Automation Software

Serina Invoice Automation Software: Revolutionizing Accounts Payable with AI

What is Serina Invoice Automation Software?

Serina is an AI-powered invoice automation software designed to streamline and optimize the entire invoice lifecycle for businesses. By leveraging advanced technologies like machine learning (ML) and artificial intelligence (AI), Serina transforms traditional manual invoicing into an efficient, error-free process. It's an AP automation solution suitable for medium businesses to large enterprises seeking seamless accounts payable automation.

How does Serina Invoice Automation Software work?

Serina automates various aspects of the invoice process, including data entry, invoice generation, approval, and payment. Here’s a breakdown of its core functionalities:

• Data Entry Automation: Employs OCR (Optical Character Recognition) and data extraction algorithms to automate manual data entry, including invoice numbers, header information, line items, and tax details.
• Invoice Generation and Management: Automates data extraction and validation, creating professional invoices with customizable templates and predefined rules. Organizes invoices for easy access and management.
• Workflow Automation and Approval Routing: Uses AI-driven algorithms to identify suitable approvers based on organization-defined rules and seamlessly integrates with existing workflow processes.
• Payment Processing Integration: Integrates with payment systems and accounting software for centralized invoice management. Initiates prompt and precise payment procedures after approvals.
• Machine Learning Enhancement: ML-driven automation continuously improves accuracy and efficiency by learning from historical data and refining processes over time.
• Reporting and Analytics: Provides detailed reports on invoices, payments, vendors, and finances, empowering businesses with data-driven decisions.

Key Features and Benefits of Serina

LLM-Driven Precision in Data Extraction

Serina features LLM-driven OCR (Optical Character Recognition) for best-in-class accuracy. It's designed for medium to large enterprises seeking seamless accounts payable automation.

Time Efficiency

Serina significantly reduces the time spent on manual data entry, allowing finance teams to focus on strategic and analytical tasks.

Error Reduction

By automating data entry and validation, Serina minimizes the likelihood of costly errors.

Prompt Payments

Automated workflows ensure vendors are paid on time, fostering trust and stronger relationships.

Enhanced Reporting

Gain comprehensive insights into financial data with detailed reports on invoices, payments, and vendors.

Effective Vendor On-boarding

Simplify the process of bringing new vendors into your system.

Real-Time Visibility

Access all invoices, PO (Purchase Order), and payment details at any workflow stage.

Interactive Dashboards

Track outstanding payments and streamline collaboration with comprehensive dashboards.

Reduced Operational Costs

Minimize data validation efforts by up to 83% through automated line-item data capture.

Streamlined Approvals

Bring structure and clarity to invoice approval workflows with a streamlined accounts payable automation process.

Why is Serina Invoice Automation important?

• Reduced Manual Workload: Serina automates redundant tasks, freeing up valuable time for strategic initiatives.
• Improved Accuracy: Minimize errors in data entry and validation processes.
• Cost Savings: Reduce operational costs through efficient invoice processing.
• Better Vendor Relationships: Ensure timely payments, fostering trust and collaboration.
• Enhanced Visibility: Gain real-time insights into financial data for informed decision-making.

Where can I use Serina Invoice Automation?

Serina is ideal for a variety of industries and business sizes, including:

• Medium-sized businesses: Streamline operations and reduce administrative overhead.
• Large enterprises: Manage complex invoice processes with ease.
• Finance and accounting teams: Improve efficiency and accuracy in accounts payable.
• Organizations seeking digital transformation: Implement advanced technologies for a competitive edge.

Serina Products & Pricing Plans

Serina offers a range of products tailored to different business needs:

• Serina Direct Invoices - Utilities: Automates the processing of direct invoices, particularly for utility bills.
• Serina Plus: Extends capabilities to include PO-Based Invoices.
• Serina 360: Combines Direct and PO-Based Invoice processing with a Vendor Portal for enhanced collaboration.
• Serina Order Processing: Simplifies order management processes.
• Zebo: Optimizes accounts receivable, reduces invoicing errors, and improves cash flow.

Pricing is tailored to your business requirements, with options to calculate your budget using the pricing calculator.

Integrations

Serina seamlessly integrates with leading ERP systems, enhancing existing financial ecosystems.

How to get started with Serina?

1. Onboarding: Serina's team configures the software and integrates it with your systems.
2. Training: Comprehensive training sessions are provided to acquaint your team with the software’s functionalities and features.
3. Implementation: Start leveraging the software to automate invoicing processes, monitor payments, and generate insightful reports.

Conclusion

Serina Invoice Automation Software offers a comprehensive solution to streamline and optimize accounts payable processes. By leveraging AI and ML technologies, Serina reduces manual effort, minimizes errors, and enhances financial visibility. Whether you’re a medium-sized business or a large enterprise, Serina can transform your invoice processing, allowing your team to focus on strategic initiatives and drive business growth.